By Tiernan Ray

Shares of ParkerVision (PRKR) are halted, with trading having been stopped just before a jury found that Qualcomm (QCOM) infringed on the company’s patents on wireless technology, according to headlines crossing, patents it has been fighting to enforce for a decade.

The Jacksonville Business Journal‘s Timothy Gibbonsreports that “After two days of deliberation, the jury found that ParkerVision’s patents are valid and that Qualcomm infringed on all claims of its patents.” The next stage is a damages assessment, with ParkerVision seeking $500 million, he writes.

In a statement released just now, CEO Jeffrey Parker remarked, “We are extremely pleased with the jury’s verdict in this case and we look forward to presenting our damages and willfulness arguments over the coming days.”

One of those doubters is Mike Farmwald, who has been following the trial and posting on SeekingAlpha. Farmwald, himself a serial entrepreneur in Silicon Valley, also runs the PV Notes Web site dedicated to debunking ParkerVision.

ParkerVision shares were down 21 cents, or 6%, at $3.16 before the halt. Shares are set to resume trading at 12:55 pm, Eastern time.

Qualcomm shares are down 48 cents, or 0.7%, at $68.39.

Update: Shares have resumed trading and are up $2.44, or 73%, at $5.81.

Alpert should be fired for complicity or foolishness. Either he was in with Farmwald or Farmwald duped him.

OCTOBER 17, 2013 2:58 P.M.

Grumps wrote:

Wow! 73%. Wow!

Man oh man! You guys should've been giving us the heads up days ago... How many saw this on heir radar? Hmm.

OCTOBER 17, 2013 3:57 P.M.

Anonymous wrote:

lets hope Mike (who seems to be fairly inactive in anything BUT PVnotes back in 08) didn't bet the FARMwald on his short

OCTOBER 17, 2013 7:42 P.M.

febeedog1 wrote:

Been following PRKR vs QCOM for quite a while. Magnificent out come today! Hopefully this will not be dragged out like the Vringo vs Google law suit has. What a shame! The judge ruled last year on Vringo's behalf and Google keeps on playing games and the residing judge allows this to occur!

About Tech Trader Daily

Tech Trader Daily is a blog on technology investing written by Barron’s veteran Tiernan Ray. The blog provides news, analysis and original reporting on events important to investors in software, hardware, the Internet, telecommunications and related fields. Comments and tips can be sent to: techtraderdaily@barrons.com.